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20121205
20121205
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: that was the president talking about whether or not he has sat down with house speaker john boehner, saying you don't need to sit in a room to get it done. mitch mcconnell in the papers this morning reportedly saying there are no formal talks haven't. those talks continue behind-the- scenes. the washington post this morning reports in a news conference last month obama suggested he might let the top rate rise to levels somewhat lower than a 39.6%. that's the washington post this morning. below that, governors say the fiscal cliff would hurt their states' economies. several governors met at the white house yesterday and with political leaders to say something needs to be done or their economies and on the state level will be heard. -- be hurt. let's go to walter in new jersey, independent caller. good morning. caller: good morning. i don't know what's wrong with these people, because they have to come to some kind of agreement. the gop has to give ground, taxes wouldybody's go up just to save 2%. it just does not cut it. it is a bad move politically and bad for the country. host: polloi in johnsonvi
will be good. roughly $1 trillion, $600 billion from tax reform, and house speaker john boehner has millions from tax reform. a logical number would be something like $1.40 trillion, $70 billion from reform, senator dollars billion from tax rates. $700 billion from tax rates. we talked about some spending items in the day. you can come up with some numbers that will work, and here is the bottom line. i think our goal in terms of the market should be a deficit that is small enough at the end of the decade so that the debt to gdp ratio stabilizes. it would be great to get it down, but if we could get it stable by the end of the decade, we will not solve our problems forever, but we will solve the problems now, markets will be ok, businesses will be ok, and the fundamentals will improve, and we will be in much better shape. >> does anyone want to weigh in on the plan? $7 billion in reform. >> if you take their rates to 39.5% and then you cap deductions, what is your top effective rate? -- what is your effective rate on the top income people? another $700 billion on top. what is your actual effe
house. at one point, i found myself between john boehner and tim geithner. i quickly backed up. it was an opportunity to talk to my colleagues. i told gene what i was going to say today. i've realized i had no idea what he was going to say. i look forward to hearing his comments as well. >> my name is mariah. i came all the way from the other washington. my grandfather died fighting for social security. i will not let the government take these benefits away from my generation. i'm here for my mom who is a schoolteacher. she spent the best of for years educating our children. she deserves the right to desirretire. i'm here for -- this woman what her whole life in the hotel industry. i'm also here for my friend mark, who owns a small business. >> ma'am, i'm going to have to ask you to sit down. >> there is more -- [indiscernible] [crowd chanting "the economy!"] >> ok. i am going take a moment to try to talk. we will see if it works. but i think what we just saw is a true reflection of how hard what we're tying to do is. we are trying to create for them to have discussions. we can
. the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. all these issues need to be tested. a little focus group on the conference side. these can be symbolically important. they can blow the opportunity to do something broadbased and fundamental. do we end up with something close to balsams and because of that point? >> we would be better off if speaker boehner and the president did not publicly change their offers. hopefully, they are going to have to compromise. the more times you commit yourself in public, the harder it is to make the compromise. >> we will go around the former members of congress. do they cut a deal to avoid the fiscal cliff before we actually get there? >> i believ
in these negotiations? the public sees house majority leader -- house speaker, john boehner, and senate majority leader harry reid coming to the microphones. but they don't see the house democratic voice. guest: we feel confident that the president is doing a good job for us. we do. he campaigned very explicitly on a tax increase. think about it. what president ever did that? you just don't do it. that's like the third rail. but he did. he won. the american people know that has to be part of it. they know our tax system is out of kilter. he's at the table arguing for revenues, for a balanced approach. he has put $400 billion in medicare savings on the table. we could organize about what the right amount is, but he's got things there. i feel -- the house democrats feel pretty good in having president obama being at the table. host: he has agreed in the past to raise eligibility age for medicare from 65 to 67. guest: he has. i disagree with that. the studies show it doesn't save money. you've got poor seniors, 65, 66 who would need health care. ends up being a cost shift. so the president is obviously go
:00 eastern. house speaker john boehner called on the white house to respond to the republicans' deficit proposal released earlier this week. at 8:00 eastern, more on the so-called fiscal cliff with chris van hollen as well as senator bob corker and senator mark warner and spoke today at a forum. you can see that at 8:00 eastern tonight on c-span. the senate foreign relations subcommittee on africa held a hearing on the instability on mally. -- mali. >> i call this hearing to order. i will be joined by my friend and ranking member, senator isakson of georgia and we expect other senators to join but it is timely for us to proceed. i'm grateful for the support of the committee and hard work of my staff in making possible today the first time we will have a witness testify directly from a foreign country which is the subject of a hearing and i hope that will contribute to an ongoing process of trying to expand the range and scope of testimony included in these hearings. today's focus is on mali. there are three crises occurring there, security, political and a humanitarian crisis, all three
and house speaker john boehner. the president said in remarks to the business round table today that he was aware of reports that republicans may be willing to agree to higher tax rates on the wealthy as a way to avert the looming fiscal cliff and then come back next year with more leverage to extract spending cuts from the white house in exchange for raising the government's borrowing limit. we'll also have house speaker john boehner's news conference today where he said it's time for the white house to respond to monday's republican proposal for avoiding the fiscal cliff. see the president and speaker boehner tonight at 9:00 eastern. elsewhere on the hill today the senate appropriations committee on homeland security held a hearing on fema's response to hurricane sandy. senators from new york, rhode island, connecticut and delaware testified before the committee on the challenges their constituents face in the aftermath of the storm and what's needed to move forward. >> good morning, everyone. thank you for joining us for this very important hearing on the response and recovery and th
Search Results 0 to 6 of about 7